Charles Schwab - (Buckhead) - Atlanta, GA
Peachtree Road 3314, Atlanta, GA, 30326, US
₱536,234,000 | 854 sm
Asset description
Jones Lang Lasalle (“JLL”) is pleased to announce the opportunity to acquire Johns Creek Town Center, a 303,297 SF multi-anchor retail center located in Johns Creek, GA. The property sits in the heart of one of Atlanta's most sought after submarkets with incomes exceeding $200,000, access to the Top 3 Public High Schools in Fulton County, numerous gated country club communities, and an active luxury home sale market.
Johns Creek Town Center ranks in the top 14% most visited Shopping Centers in Georgia, attracting nearly 2M annual visits (Placer.AI) thanks to the robust and high-performing tenancy, combined with the Property’s prime location on Peachtree Parkway and McGinnis Ferry Road. The center has seen strong leasing momentum with recent tenant upgrades that include a new HomeGoods, Market by Macy’s, and Skechers, along with a renewal from Dollar Tree and extension from Sprouts Farmers Market. The Property benefits from a highly diversified tenant mix with no individual tenant representing more than 15% of the overall income, and 93% of the GLA is represented by a National or Regional tenant.
Please reach out to the deal team to learn more about this opportunity.
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Attributes
Building area gross
28,183 sm
Occupancy
0.98%
Land area gross
11.44 ha
Media
Investment highlights
Located in Johns Creek – One of Atlanta’s Most Sought After Submarkets
- Access to the Top 3 Ranked Public Schools in Fulton County
- 140+, $1M Homes Sold over Past 24 Months
- Top 30 Safest Cities in all of America (Neighborhood.com)
Necessity Grocery-Anchored
- Recent Renewal from Sprouts Farmers Market
Compelling Demographics
- Strong Incomes Exceeding $200,000 within a 3-Mile Radius
- Dense Population Approaching 200,000 Residents Within 5-Miles
Significant Leasing Momentum & Tenancy Upgrades
- Tenants Representing 41% of the Income Have Signed a New Lease or Renewed in Past 24 Months
- New HomeGoods, Market by Macy’s, and Skechers
Top Tier Anchor Lineup with Significant Tenure
- Kohl's: Top 5 Most Visited in GA with 23 Years Operating History
- PetSmart: 18 Years Operating History
- Sprouts: 10 Years Operating History & Recent Renewal
National Tenant Mix and Diversified Income Stream
- No Individual Tenant Represents More Than 15% of the Income Stream
- 93% of GLA is a National or Regional Brand
Contact brokers
Johns Creek Town Center (0 Properties)
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Last updated
May 16, 2024
